Rosneft signs Alaska gas field deal with ExxonMobil | Bangkok Post: news

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Rosneft signs Alaska gas field deal with ExxonMobil

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Rosneft signed Wednesday an agreement with ExxonMobil giving the the US super-major access to seven Arctic fields in exchange for the Russian firm's possible participation in a lucrative Alaskan gas project. 

This US Coast Guard photo released January 20, 2012 shows tanker vessel Renda off Alaska as the transfer of 1.3 million gallons of fuel nears completion on January 18, 2012. Russia's state oil giant Rosneft signed Wednesday an agreement with ExxonMobil to participate in a major project owned by the US super-major in Alaska, state media said.

The agreement -- signed by Rosneft chief executive Igor Sechin and ExxonMobil exploration head Stephen Greenlee in the presence of President Vladimir Putin -- extends a strategic agreement that the two companies signed in 2011 focusing on Russia's Arctic offshore field development.

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